Tech Company Financing Transactions
Chemix Funding Round
Chemix closed a $20 million Series A funding round on 4/25/2024. Backers included Ibex Investors, Berkeley SkyDeck Fund and BNP Paribas.
Transaction Overview
Company Name
Announced On
4/25/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand its team driving AI/ML, software, and battery development, as well as sales and marketing.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
440 Oakmead Parkway
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Not Recorded
Overview
Chemix is using AI to develop breakthrough EV battery technologies. Today's battery development is slow, labor-intensive, and expensive. With AI, Chemix can reduce development time by 10x. Chemix's battery designs are compatible with existing Li-ion battery manufacturing capacity, enabling a seamless transition of customers' battery R&D to volume production.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kaixiang Lin
Chief Operating Officer
Praveen Sharma
Chief Technical Officer
Jason Koeller
VP - Bus. Development
Srinivas Nimmagadda
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About Our VC Transactions Data
Our team works diligently to document funding rounds that are announced publicly. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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